Peace through MBS Purchases As Trump continues his relentless marketing campaign for all things American, it appears his diplomacy in Eurasia not only won political victories, but a financial one, too. Fannie/Freddie IPO Announcement On the very day the Media announced a plausible truce between Ukraine and Russia and
Trump Capitulated; EU & MSM Protected Him The media presented the tariff agreement between the EU and Trump administration as a unilateral victory for Trump. On the contrary: the Trump administration most subtly capitulated to the European climate program, a key protective barrier to European markets. The EU, wisely, gave
Why JD Vance says we need to "work with our hands, again"... The hard math behind why the United States and UK allow Indians to replace native born citizens in white collar jobs and administration. Vietnam War The "limited police action" of the Vietnam War led
Austerity proves the "political third rail". Imposing it, naively, risks up-ending the entire political and bureaucratic system within the United States. Whether Republican or Democrat, absolutely no-one wants to own or be accountable for the necessary austerity that would preserve the American Treasury market. To give context, I
The main conceit regarding AI comes from the notion of its intelligibility: when using AI, it is NOT POSSIBLE to know WHAT occurs, actually, within it, and even revealing AI's mechanism and dynamics would present yet another problem: very likely, the AI itself would prove completely unintelligible to
The current events surrounding Epstein prove precisely so fraught because they could very well undermine Crown Prince Mohammad bin Salman’s authority. Mohammad bin Salman did not simply “appear” in charge of Saudi Arabia: a deep opposition sought to seat their own candidate. Saudi Arabia - Petrodollar King Whenever you
The Obligatory Epstein Post Of all the articles I've seen on Jeff Epstein, this once hits closest to the mark: Mike Benz: “Jeffrey Epstein Was Working With the CIA Since 1981” | The Gateway Pundit | by Collin McMahonAs the debate rages over the Trump administration’s handling of the
Every "tax" exists to provide a "credit"... Eventually, we get a "carbon tax" under Trump: not in 2025, surely, but by 2028, we should have "carbon tax" legislation signed. Why Trump Admin Need a Carbon Tax? The Trump admin need a carbon
The battle between the pro and anti-Trump forces rages in the Treasury market: culling the market of buyers (China, increasingly Japan, and from various asset managers) creates a bid for various safe havens, which include gold and bitcoin. Question: Why Haven't Treasuries Already Crashed? The US economy fumbles-along,
Rescinding the Unconstitutional Civil Rights Act But Owning the War on Drugs Exultation over the Civil Rights Act has proven proportional to the increasing dysfunction and disintegration of blacks in America: precisely nothing has gone right, for American blacks, since the CRA's passage. Marriage rates, familial dysfunction, educational
"Stablecoin Squeeze" on Hard-Fork Cyrpto and the ensuing Treasury Windfall The typical response to concerns about most cryptocurrencies and post-quantum protocols entails, "We can update the protocol with quantum-secure cryptography algorithms. What's the problem?" Taxes. IRS and Hard-Forks The IRS recently clarified (thankfully) its
Look at the two charts above: we see a precipitous decline in 10-yr yields in China shortly after the conclusion of the 2024 election. Likewise, we saw a spike and what appears sustained selling pressure affecting US treasuries, of the same term (10 yr). Presumably, tariffs, economic policy, shocks, et